i agree BCT. not many succesful traders put up their trades that went wrong but it is nice to see where they got in, and why this time it didn't work. i put up all my bad trades because mostly that is all i have, HA! you know the other day, i was buying whatever was breaking highs and "looked good" to me, setting my stops, and seeing what happened. i added into the two stocks that was working TIVO and PCAR, and i wound up making more than enough in those two trades to make up for 3 or 4 losers and be up around $100. up a 100 doesn't seem like much, but after a year of slowly draining my account, having multiple back to back days of +100 is good for the confidence level. now, i just need to push it for +200 and so on. i think any of those days i could have made more, but i stopped myself after reaching my goal. and some days i say, nothing else is going to happen, and then boom, something like AIG explodes in the afternoon. i always have to be ready. bct, is the weather getting any better up there?
I find your stop-outs more instructive than your successful trades. Tahnks for posting those as well.
ReplyDeletei agree BCT. not many succesful traders put up their trades that went wrong but it is nice to see where they got in, and why this time it didn't work. i put up all my bad trades because mostly that is all i have, HA! you know the other day, i was buying whatever was breaking highs and "looked good" to me, setting my stops, and seeing what happened. i added into the two stocks that was working TIVO and PCAR, and i wound up making more than enough in those two trades to make up for 3 or 4 losers and be up around $100. up a 100 doesn't seem like much, but after a year of slowly draining my account, having multiple back to back days of +100 is good for the confidence level. now, i just need to push it for +200 and so on. i think any of those days i could have made more, but i stopped myself after reaching my goal. and some days i say, nothing else is going to happen, and then boom, something like AIG explodes in the afternoon. i always have to be ready. bct, is the weather getting any better up there?
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